TÜRKİYE’DE REEL İHRACAT VE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ: 1965-2009 DÖNEMİ
THE RELATIONSHIP BETWEEN REAL EXPORT AND REAL GDP IN TURKEY: THE PERIOD OF 1965-2009
Author(s): Dilek TEMİZSubject(s): National Economy, Economic history, Economic policy, Evaluation research, Economic development, Post-War period (1950 - 1989), Transformation Period (1990 - 2010)
Published by: Hitit Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Export-Oriented Growth Hypothesis; Causality; Johansen Cointegration Test; Vector Error Correction Model (VECM);
Summary/Abstract: This empirical research investigates the causality relationship of real export with economic growth by using data for the Turkish economy over the period 1965-2009. The result of the Johansen cointegration test shows that there is a long run relationship between real export and real GDP in Turkey over the period of 1965-2009. In vector error correction model, the error correction coefficient is significantly negative, so real GDP growth and real export growth of the long run time path is short-term. The Granger test shows one way short run causality from real GDP growth to real export growth. Therefore, in this study, between real export and real GDP growth based on exports in the short term do not support the hypothesis that long-term support is seen that the results are reached.
Journal: Hitit Üniversitesi Sosyal Bilimler Enstitüsü Dergisi
- Issue Year: 3/2010
- Issue No: 1-2
- Page Range: 71-82
- Page Count: 12
- Language: Turkish